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Condos for Sale Victoria, BC under 500 000

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224 1870 McKenzie Ave
SE Lambrick Park Saanich V8N 4X3

$499,900
Residential beds: 2 baths: 1.0 1,002 sq. ft. built: 1974

Main Photo: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 1: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 2: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 3: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 4: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 5: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 6: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 7: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 8: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 9: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 10: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 11: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 12: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 13: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 14: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 15: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 16: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 17: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 18: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 19: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 20: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 21: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Photo 22: 224 1870 McKenzie Ave in Saanich: SE Lambrick Park Condo for sale (Saanich East)  : MLS®# 1036153
Status:
Active
Prop. Type:
Residential
MLS® Num:
1036153
Bedrooms:
2
Bathrooms:
1
Year Built:
1974
Welcome to this thoughtfully designed 2-bedroom, 1-bathroom condo ideally situated just minutes from UVIC major transit routes, shopping, restaurants, and everyday amenities. Perfect for first-time buyers, students, downsizers, or investors, this home offers an ideal combination of comfort, functionality, and location. Inside, you’ll find a spacious and well-laid-out floor plan featuring a generous living area with plenty of room to relax or entertain. Updated wide plank flooring runs throughout the home, adding a modern and cohesive touch. The kitchen and living spaces flow seamlessly together, creating an inviting atmosphere. Both bedrooms are generously sized offering flexibility for roommates, guests, or a comfortable work-from-home setup. This desirable end-unit also features in-suite laundry for everyday convenience. A fantastic opportunity to own in a highly walkable and central location close to UVic, Camosun, parks, cafes and transit.
Property Type:
Residential
Type:
Condo Apartment
Year built:
1974 (Age: 52)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,002 sq. ft.
Listing General Location:
SE Lambrick Park, Saanich East
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Taxes:
Building Name:
University Park Terrace
Building Type:
Other Level
Construction:
Brick & Siding
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Membrane
Levels:
1
Number of Storeys:
3
Number of Buildings:
1
Ceiling Heights:
Total Building Area:
1,117 sq. ft.
Total Unfinished Area:
115 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,002 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Pending Date:
Dryer, Refrigerator, Washer
Bike Storage, Common Area, Fitness Center, Meeting Room, Recreation Room
Corner of McKenzie and Gordon Head Rd. Visitor parking in lot off McKenzie
Deck/Patio, Parking Stall
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK
no dogs permitted
No
Yes
non smoking building
Some Rentals
no short term
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2026
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Accessible Entrance
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
May 07, 2026
Original Price:
499900.0
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Listed by RE/MAX Camosun
Data was last updated July 8, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$699,999
Min list price:
$359,000
Max list price:
$1,749,000
Avg days on market:
44
Min days on market:
8
Max days on market:
177
Avg price per sq.ft.:
$544.5
These statistics are generated based on the current listing's property type and located in SE Lambrick Park. Average values are derived using median calculations. This data is not produced by the MLS® system.

Condos for sale Victoria BC under 500 000


Victoria, British Columbia is a city that offers an exceptional quality of life. With its mild climate, stunning natural beauty, and thriving arts and culture, it's no wonder so many people are attracted to this city. When you're in the Victoria condo market, you'll find a wide variety of options available to suit every budget and lifestyle. In this article, we take a closer look at his $400,000 to $500,000 apartment listings in Victoria, British Columbia.

A popular option in this price range is the Mondrian, a sleek, modern hotel in the heart of downtown Victoria. Mondrian's one and two bedroom units feature open floor plans, large windows and quality finishes. In-building amenities include a fitness center, secure underground parking and a rooftop terrace with stunning city views.

Another option in this price range is the Escher, a luxury hotel located right on Victoria's Inner Harbour. Escher's units feature contemporary finishes, gourmet kitchens, and spacious balconies with stunning city and sea views. In-building amenities include a fitness centre, a shared lounge and a rooftop terrace with barbecue facilities. For those looking for a more suburban feel, the RailYards development in Victoria's Selkirk area may be a good choice. Units in this development range from one to three bedrooms and feature cathedral ceilings, gourmet kitchens and in-suite laundry facilities. The development also has a communal garden, bike storage and underground parking.

Another option in this price range is Corazon, a boutique property in Victoria's charming Cook Street Village. Corazon units feature spacious floor plans, quality finishes and balconies with stunning views of the surrounding area. In-building amenities include secure underground parking and a rooftop terrace with BBQ area.

For those looking for a more affordable option, the Astoria is a luxury hotel in the heart of downtown Victoria. Astoria units range from studios to two bedrooms and feature functional floor plans, large windows and private laundry facilities. The building also features a fitness center, sauna and hot tub.

These are just a few of his $400,000 to $500,000 housing options in Victoria, British Columbia. Other popular properties in this price range are Janion, Union and Angkor.

When buying a condo in Victoria, it's important to work with a knowledgeable real estate agent to guide you through the process and help you find the perfect home for your needs and budget. Agents can help narrow down your search based on factors like location, amenities, and price, and even help you navigate the complicated process of buying a condo in Victoria.

All in all, with stunning natural beauty, a vibrant arts and culture scene, and an exceptional quality of life, Victoria is a city that really has it all. Whether you're a first-time homebuyer, a downsizer, or an investor, there are plenty of great condos in this desirable city. 

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.